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. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
in it that's pretty -- it's sort of outlined but not detailed in legislation and has a big, big dollar figure around it. so, sort of the big plan. passing that along with a debt ceiling as sort of a big theory option instead of this mcconnell/reid plan, but it's so vague, as you can tell, and nothing that i have as any sort of firm plan, just, like, something that's sort of out there in the ether, they just don't have a plan at this point, no one does, john. >> it sounds like, and some people at home are saying, my god, there they go into washington speak again. i'll try to simply phi it. they are trying to fit certain pieces together to get you to several trillion in deficit reduction and that seems to be where we are, a bunch ideas. i'll go over to the wall a little bit, because jess talks about the mcconnell plan, that would give the president the authority to raise the debt ceiling and maybe they would come up with a commission with spending cuts. that's one backup plan. another backup plan is the gang of six. and i want to bring up the gang of six yesterday we talked about that. they hav
onboard these boats, so that was a big concern as well. >> firefighters on land and in two fire boats from the river did all they could to stop the fire from spreading through the entire washington yacht club it started in one boat the flames quickly spread to others, four of them were destroyed and now sunk one boat owner bill lost his 38-foot cris craft. >> if it is completely down in the water you tell me how bad it is. >> they have sunk. >> as far as we know it is burned down to the water line. >> the boats were engulfed the fire visible from highwaybridges around firefighters rushed to untie other boats setting them loose so they too would not catch fire. >> we did have collateral damage again, pretty combustible materials, fiber glass, plastics, fuel, a lot of hazardous material. >> several people live on boats in the marina it does not appear anyone was aboard the boat that is caught fire no one was hurt investigators are trying to determine the cause whether it was an accident or arson. >> at this point investigators are here but i have not heard of anything asthma luscious or susp
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
loved his family search he wanted to build a house big enough so all of them could live together. there is no truth in 7 ting in maryland so it's unlikely that mattei will have to serve the entire sentence. she has a five-year-old son and is several months pregnant and is due to deliver in september. >>> another rock-climbing instructor at a howard county company is charged with having sex with a underage student. last thursday, they were charged with fourth-degrees sex offenses. the 31-year-old michael lions was charged last month with sexually assaulting a 14-year- old girl. both men worked at earth tricks in -- earth treks in columbia. >>> a big shakeup in the leadership of the d.c. couple as the lawmaker told the marathon's final session before the summer recraze. the council chairman brown has reassigned committee chair appointments. one major change? has tommy listolution the all- important public works and transportation committee, which is raising questions about whether brown was seeking revenge here and karen has more. >> reporter: there were several big changes and thi
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with the cafferty file now. people can watch you stream on a mobile device, an ipad, jack. this is great. >> i have no idea what that means. but i'll trust you. >> it's really good. >> republican congresswoman michele bachmann is a rising star of sorts in a lacklustre to say the least field of gop candidates who hope to challenge president obama next year. bachmann came out on top in three separate polls of likely iowa republican voters last week. go figure. my shael bhaukman's husband marc marcus runs a christian counseling business. former clients say he encourages homosexual patients to try to change their sexual orientation, or at least oppress it. it's called pray away the gay. in an interview, marcus bachm
their arguments outside rather than keeping them inside the room. the president wanted the big deal, john boehner it seemed wanted the big deal, and it's very clear that that is not likely to happen. so at this point the president had his press conference yesterday. he said, you know, i'm the grownup in the room here. we each need to give a little on something. he said, by the way, if we don't agree, guess who will sufficiensufficiener? the american people. >> you mentioned spooking the american people. i saw a poll today and i'm sure the white house saw it as well. in it it showed americans are more worried about raising the debt limit than they are about the government defaulting. could the statement by the president be, i don't know, a calculated effort to warn the country, talking about millions who don't get the checks about the severity of this government default? >> absolutely. i think the president is now starting to say, okay, and we're getting a little into the blame game now. okay, if the government defaults, you're not going to get your social security checks and your veterans benefit
happened essentially is that this jobs report came over and poured a big bucket of cold water on hopes of a quicker recovery. it tells you that there was a slowdown and a real standstill in hiring that happened in may and june. what we're going to be looking for, by the way, next week is the beginning of earnings season to try to see that if in the slow growth economy companies found a way to make money again. >> steve also says companies hoping to see more confidence on the part of consumers before they have the confidence to start hiring. >>> capitol hill will be buzzing today ahead of a major meeting at the white house tomorrow on the debt ceiling. top lawmakers from both sides of the aisle will sit down president obama and vice president biden hoping to get closer to cutting a deal. this morning the president said there is common ground, but it will mean unpopular decisions by both parties. >> we agree on some of the big things. we agree that after a decade of racking up deficits and debt we need to get our fiscal house in order. we agreed that to do that both sides are going to ha
& friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, hid, played dead, and tried
: the last 48 hours this investigation has gone from about this big to this big. some officials may have already been caught lying. not only that, now we're told u.s. wasn't just helping send guns to mexico, taxpayers paid for some of those guns. and more than one federal agency knew about it. that's the latest in the scandal we know as fast and furious. according to sources an f.b.i. informant allegedly used taxpayer money to buy guns on behalf of the cartels, the f.b.i. knew it, they allowed it to happen and they failed to tell congress or the agency that was investigating him, causing that agency, the atf to spend two years, thousands of man-hours and millions of dollars pursuing information the f.b.i. already had about a man, the atf would never be allowed to arrest because he worked for the f.b.i. this information was confirmed this week sources say by the acting atf director ken nelson who met secretly on july 4th with congressman darrell issa and senator charles grassley. nelson who is going to be the fall guy in this scandal dropped a few bombs in his deposition indicating others
was ready to try again to do something big to control the debt. the ensuing days, the two sides forged common ground on the strategy raising the debt limit and cutting more than $4 trillion out of the federal budget that would take place through 2021. the speaker put out a statement in connection with the comments he made to the press yesterday. here is a bit of it for you. he said: in the end, he writes, we couldn't connect. not because of different importants, but different visions for our country. the president is emphatic taxes have to be raised. i know that tax increases destroy jobs. the next page, mr. boehner goes on to say, the president is adamant we can't make changes to entitlement program. i know the programs won't be there for my daughter's generation unless significant action is taken now. i have decided to end conversations with the white house and begin conversations with the leaders in the senate in an effort to find a path forward. again, the leaders are going to the white house today to meet with the president. the minority leader also putting out a statement becaus
at the federal reserve. we want to help get rid of the perception of too big to fail. lehman brothers is the only example of a major financial institution in a developed country that was allowed to fail. the evidence clearly puts this to rest the notion that we did not deal nottoo big to fail. there are a couple of areas where i see the attack coming. my republican colleagues, on like climate change and health care, don't want to take this one had on. it is still too popular. coming to the defense of unrestricted derivative trading is not a popular cause. they are coming at it sideways. they want to use the deficit as an excuse for under-funding the sec and cftc. they have a small percentage of what we're wasting trying to build infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to m
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can prioritize for awhile where you want what remaining money is left. but the message you send to the world, not just our markets but to the world, that the united states of america is going to default on its debts is a totally unacceptable scenario and beneath a great nation. we are in agreement, number one. mr. durbin: amen. mr. mccain: number two is that to insist, to insist that any agreement is based on the passage through the united states senate of a balanced budget amendment to the constitution of the united states, as i said before, is not fair to the american people because, because the terrible obstructionists on this
. big deal. you're delicious. so what. i've got news for you. there's no such thing... ...as a bear sheriff. you think i'm afraid of you? hey what? you don't have to be mean to the ke. i do. you don't. i do. just eat yoplait light. they have great flavors like... boston cream pie, raspberry cheesecake. even though i work here, i've lost weight. wow. yeah. carry on. (announcer) 28 delicious flavors at around 100 calories each. york. >> seems like an appropriate time to talk about your tuesday forecast as we sweat it out here. another scorcher from texas to connecticut. several storms from montana to northern new england. rainy in albuquerque and salt lake city. cooler and damp in the pacific northwest, which sounds heavenly. scattered thunderstorms across the gulf coast. >> it really is the humidity, isn't it. 90s from new orleans to boston. 85 in chicago. 79 in the twin cities. and 93 in kansas city. upper 70s in sacramento. 71 in portland. and 87 degrees in billings. >> of course it is the summer. all right. >>> the forecast for phoenix called for baseball-sized baseballs. major le
will come in the end and soon. >> president obama obviously inherited by common consent a big hospital pass in terms of the state of the economy, not just in america but around the world, very very tough to pull out of any kind of rapid way. having said that, as we head towards another election year, there will be critics and you will have heard them, that say you can't keep blaming the republicans for what you inherited. president obama, under his administration, the jobless figures are still terrible, 9.2% of americans are out of work. do you feel disappointed that there's been no greater inroad into those jobless figures? >> i feel very disappointed there hasn't been more inroad into those jobless figures. i feel disappointed frankly there hasn't been more bipartisan bipartisan cooperation on solutions. here in massachusetts, we have like states across the country faced huge unprecedented budget gaps, taking that same balanced approach with cuts and use of stimulus reserves and modest tax increases and change in the way a lot of our state government does business, we have closed a $14 bi
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
a big deal, $4 trillion, or whether we're going to have a smaller deal of $2 trillion, but the real issue is whether or not we're going to have a fair deal, a deficit-reduction package which represents the interests of working people and the vast majority of our people or whether we're going to have a deficit reductio-reduction packh ends up reflecting the needs of the wealthiest people in this country who are do phenomenally well and the largest corporations in this country who, in many instances, are making record-breaking profits. that's really what the debate is about. now, the republican position on deficit reduction has been extremely clear and is consistent with their right-wing ideology. despite the fact that our current deficit crisis has been caused by two wars unpaid for, huge tax breaks that have gone to the wealthiest people in this country, and a recession caused by the deregulation of wall street and the lack of revenue coming in as a result of that recession. our republican friends are adamant that while the richest people in this country are becoming much richer, wh
's why. big area of high pressure. there's a big strong upper ridge. this is just a heat pump that will continue. and the bad news is, this goes into at least thursday. in fact, jet stream guns up a little further into canada so that heat will be creeping up north as the ridge intensifies. we don't see this breaking down at least until the weekend. so the mid section of the country is going to continue to bake the northeast gets a little bit of a break as we head on into the next 72 hours. ann? >> all right, al, thank you so much. we'll get the rest of your forecast in a bit. >>> for now, to britain's deepening phone hacking scandal. this morning there are claims that journalists from other rupert murdoch's other papers were involve and the alleged target is former p.m. gordon brown. stephanie goss is in london with this. stephanie, good morning. >> good morning, ann. gordon brown does not mince his words when he spoke to the bbc this morning about rupert murdoch's papers me said those papers used people to gather information on known criminals. the allegations appearing in th
, it made taxpayer-funded bailouts illegal, so taxpayers don't have to foot the bill if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i firs
to be an american? not a big change when president obama came to office. what does that say to you? guest: remarkable continuity about something that is very important in defining this as a people. it does not seem to matter whether we have a democratic or republican president. we are patriotic nonetheless. host: james, pittsburg, republican line. caller: my comment is that you have to poll the younger crowd and they are the strongest and the fastest and most easily -- and it is easier for them to take in all the information they have take in. they are more alterable to become a soldier and not many of them are politically savvy. once they get into the war, they are generally -- most of the men i know that have come back especially from this war and from vietnam, they speak to the fact that they were fighting for its other. host: we will leave it there. guest: that is true. men who have had that experience in war talk about it that way. they also love their country. one of the things we see, it's a hard thing to take polls of soldiers because it's tough to do. but when you do, they are ve
: i think they are looking at a deal short of this cut, cap, and balance. the would like a big deal as obama calls it. speaker john boehner is interested in that, but not much support in making a deal from his own caucus. willing to open his >> more from this morning's "washington journal." the role that religious conservatives are playing in politics. at the table, richard land of theouthern baptist convention. all of these fiscal matters. in terms of how a religus conservative views the nation's debt? >> guest: we're borrowing 41 ces of every dollar our government spends. we have been living way beyond our means for a lg time. if we do not quickly address it, and i mean quickly and significantly, we're going to foreclose our children and grandchildren's future. they will spend their entire lives paying off our debt. my generation will be the first generation in american history to be quick to the children and grandchildren and or standard of living than the one we had. my parents would be aghast at this theorld w ii generation would be aghast. their whole lives were dedicated to u
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
and illinois because those are kind of the big jackpot states that are really driving each party's potential for gain. and then i have a question mark as far as which party's going to gape or lose a site, it could be a fair fight in states like iowa, new jersey and arizona. but i'm sure the five states we'll be talking a lot about this morning and i'll stop short from going in-depth on them are illinois, north carolina, which are both parties' opportunities for partisan capitalization on this redistricting, illinois for democrats, picking up, you know, potentially five or six seats, or four or five seats, republicans losing five or six in illinois, north carolina where i put republican gains at possibly three seats depending on the legal challenge to the map that republicans are proposing, and then california, where i think democrats, at the end of the day, will probably pick up two or three seats as a result of the untangling of california's uncompetitive lines at the moment. texas, where, you know, i expect it to either be a draw or republicans netting two seats depending on the legal chal
. will they go for true believe fler 2012 or big bucks? they're facing with twice michele bachmann and mitt romney. he's got the bank roll but she's the true believer. who wins? and a fight over abortion ritsz. kansas approved new regulations for abortion clinics regulating everything from the drugs they stock to the size and temperature of procedures in recovery rooms. supporters say the new rules will protect patients but critic sas they're a thinly veiled attempt to shut down abortion clinics. and actor gary sennese, known for lieutenant dan in "forrest gump" he's made a movie. here tonight to talk about the film and a new way you could help wounded service people. finally, imagine -- john lennon, a reagan democrat? that's what his one-time personal assistant recalls. check out the "sideshow" tonight. we start with the economy. senator richard durbin, democrat from illinois and senate majority whip. thank you for coming on "hardball" tonight. new york senator chuck schumer on the republican's motivation. listen to him first. >> we need to start asking ourselves an uncomfortable question.
on main street. >> reporter: to go big or not to go big? that is the question when it comes to raising the nation's debt limit. and after another meeting at the white house, the president and congress appear no closer to a deal. if the president and congress fail t tagree to raise the nation's debt limit, the forecasts sound almost apocalyptic. >> stock prices are going to fall, bond prices are going to fall, you're going to notice on when you logon to your 401(k). >> reporter: already family businesses like the feinbergs' bathroom fixtures company in ft. lauderdale, florida, have taken down the help wanted sign, waiting to hear if the u.s. government becomes a deadbeat. >> we want to hire employees. we want to grow our business. we want to spend money doing advertising. so it's just difficult. >> reporter: a new u.s. chamber of commerce survey says two-thirds of america's small businesses have no plans to hire in the coming year. >> everyone's scared. no one's going to make a move. >> reporter: yet after another white house meeting, it was another day without an agreement to extend th
' point is white. these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 billion. we are going to collect $39 t
for big oil and wall street executives. this bill's actually more extreme than the republican budget passed in april calling for deeper cuts and more hardships for the middle class and older americans. in fact, this bill does nothing to create jobs, nor invest in the roads, bridges, clean energy technology and job training that would really get our economy moving. in short, h.r. 2560 will stifle growth, hurt middle class families and undercut america's seniors. in my district there are over 93,000 social security beneficiaries and over 85,000 medicare enrollees. on behalf of my constituents and for future generations i stand in strong opposition to this bill and the rule. i know that there are those on the other side of the aisle who want to support a reasonable plan to reduce the deficit. this is not the plan. i urge my colleagues on both sides of the aisle to reject this dangerous proposal and i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the gentleman from georgia. mr. woodall: mr. speaker, at this time i'm please
floor today to talk about the big deal. the big deal. every time i open up a newspaper, mr. speaker, this week it's been talking about the big deal. the big deal that's going on at the white house. i want to set the record straight here today. the big deal happened right here on the floor of this house when the only budget that's passed in all of washington, d.c. all year long, cutting $6 trillion in spending was passed by this body, mr. speaker. that's the big deal. $6 trillion agreed upon by this united states house of representatives. now, i know down at the white house they're talking about the big deal as $3 trillion in spending cuts. $6 trillion, mr. speaker. the big deal started right here. now, you know, mr. speaker, i'm a big fan of the open process we had in this house where every single member of the house of representatives come here and have their voice heard, offer their ideas heard and offer their opinions. i have a vote tally from that week voting on the budget. the congressional caucus came to the floor of this house, was debated, considered. it received 103 affirma
care costs, to get less so we can give tax breaks to -- we can give tax subsidies to big oil. we will say to those families we are going to cut medicaid and what that means to seniors in nursing homes so we can give tax breaks to corporations sending jobs overseas. we are going to say to young people, you are going to pay more for your college loans so we can give tax cuts to people at the highest end. we all know that we have to participate in reducing the deficit. everybody has to ante up. why is it that the republicans insist on having the middle class pay the price so that the high end is off the hook? if we are concerned about addressing the problems of the american people, we would end this debate. this bill is going nowhere. it's a total waste of time. and every day that we spend on these wastes of time that are not going anywhere is another day we are not talking about the highest priority of the american people which is job creation, job creation, job creation. that is their priority. we have an obligation, an obligation to reduce the deficit and get on with it so we can
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
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